800 Ramapo Valley RdOaklandNJ07436
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Oakland at 800 Ramapo Valley Rd, Oakland, NJ, 07436 priced at $799,777 converts $9,600/mo rent into $3,899/mo cash flow after a $3,915/mo obligation. Total monthly income equals $9,600/mo, and annual cash flow totals $46,786/yr on $263,127 invested. Return on cash invested prints 37.84% in year one, and rental yield reads 14.4% against a $799,777 entry. Equity gained on principal adds $5,161/yr, while 5% annual appreciation compiles into $220,964 by year five. Five-year ROI reaches 200.21% and total cumulative return in cash sums $526,798. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,600/mo property income covering a $3,915/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Russo • RE/MAX SELECT - Oakland
Mls Name: NJMLS
Mls Provider:
Mls ID: #24030984
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2024-11-10 21:41:36 PST Source: New Jersey Multiple Listing, Inc. 2024 New Jersey Multiple Listing Service Inc. All rights reserved.